It is a seductive proposition for managers to launch 40 Act Funds given that the size of the US mutual fund market is an estimated USD 3tr, but as Jonathan Dale, director of distribution and Ross Ellis, Vice President and head of the Knowledge Partnershi
The 'SEI: An eyes wide open approach to launching a 40 Act Fund' special report comprises one article listed below.
Alternative mutual funds, also referred to as liquid alternatives or hedged mutual funds, are becoming a lot more popular with private fund managers. This has largely been driven by the requirement for hedge fund managers to register as investment advisers with the SEC. Prior to this, unregistered managers were not allowed to manage assets on behalf of US mutual funds. Now they can.